Wisconsin Institute Of Certified Public Accountants Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237108098 ✦ Waukesha, WI ✦ Designated as a 501(c)(6)

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Overview

What is Wisconsin Institute Of Certified Public Accountants Inc?

The Wisconsin Institute of Certified Public Accountants Inc, situated in Waukesha, Wisconsin, serves over 7,000 members in various sectors such as public accounting, business and industry, government, nonprofit, and education. This nonprofit organization's primary mission is to enhance professional competency, promote the value of its members and the accounting profession, advocate on their behalf, and foster a sense of community among its members. They cater to a diverse range of needs by offering resources and opportunities that help their members excel in their respective fields. The institute, with a modest workforce of 15 individuals, plays a significant role in upholding and advancing the accounting profession in Wisconsin.


Official website here: www.wicpa.org

Is Wisconsin Institute Of Certified Public Accountants Inc legitimate?

Wisconsin Institute Of Certified Public Accountants Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Wisconsin Institute Of Certified Public Accountants Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $331,584
Professional Fundraising Fees: $0
Other Salaries and Wages: $511,176

For more financial information, click here


Official website here: www.wicpa.org

What is the mission statement of Wisconsin Institute Of Certified Public Accountants Inc?

The Wisconsin Institute of Certified Public Accountants Inc, abbreviated as WICPA, serves the diverse needs of its members. Its primary objective is to enhance their professional competency, promote the value of the members and the profession, advocate on their behalf, and foster a sense of community among them. The WICPA boasts a membership base of nearly 7,000 individuals from various sectors, including public accounting, business and industry, government, nonprofit, and education. Their mission is to cater to the diverse needs of these members, thereby improving their professional skills, recognizing their value, advocating for their interests, and creating a supportive environment among them.


Official website here: www.wicpa.org

Who is the CEO of Wisconsin Institute Of Certified Public Accountants Inc?

Tammy Hofstede is the CEO of Wisconsin Institute Of Certified Public Accountants Inc The CEO's salary of Wisconsin Institute Of Certified Public Accountants Inc is $282,423 and their total compensation is $314,018.


Official website here: www.wicpa.org

What is the revenue of Wisconsin Institute Of Certified Public Accountants Inc?

Wisconsin Institute Of Certified Public Accountants Inc's revenue in 2024 was $2,663,034.


Official website here: www.wicpa.org

Who are the executives of Wisconsin Institute Of Certified Public Accountants Inc and what are their salaries?

The average compensation at Wisconsin Institute Of Certified Public Accountants Inc during 2024 was $64,828. There are 13 employees and 317 volunteers at Wisconsin Institute Of Certified Public Accountants Inc.

Here are 12 key members and their salaries (Wisconsin Institute Of Certified Public Accountants Inc's CEO's salary is $282,423 and their total compensation is $314,018):


Lucien Beaudry (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Cholka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Gatzke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Hanson (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Kallio-Mielke (Director-Aicpa Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Keller (Director-Aicpa Council)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tori Morrow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Pullara (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Scaffidi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Schaefer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Stinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Hofstede (President-Ceo)
  • Compensation: $282,423
  • Related: $0
  • Other: $31,595


Official website here: www.wicpa.org

Where can I find the form 990 for Wisconsin Institute Of Certified Public Accountants Inc?

Wisconsin Institute Of Certified Public Accountants Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.wicpa.org

Learn more at the official website: www.wicpa.org

Mission Statement of Wisconsin Institute Of Certified Public Accountants Inc

The Wisconsin Institute of Certified Public Accountants Inc is dedicated to catering to the varied necessities of its members. The organization's mission is multifaceted, encompassing the enhancement of professional competency, promotion of the value of its members and the accounting profession, advocacy on behalf of the profession, and fostering a sense of community among its members.

By serving its nearly 7,000 members in various sectors such as public accounting, business and industry, government, nonprofit, and education, the Wisconsin Institute of Certified Public Accountants Inc works tirelessly to enhance the professional skills of its members. It promotes the importance and significance of the accounting profession and champions the cause of its members, thereby strengthening their professional standing.

Furthermore, the Wisconsin Institute of Certified Public Accountants Inc advocates on behalf of the accounting profession, protecting its interests and ensuring that its voice is heard in relevant discussions. Additionally, the organization builds a sense of community among its members, fostering a supportive and collaborative environment where professionals can learn, grow, and network.

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Impact




October, 2024

The Wisconsin Institute of Certified Public Accountants Inc (WICPA) significantly impacts the public accounting profession and its members in several key areas. With nearly 7,000 members spanning public accounting, business, industry, government, and education, WICPA addresses the diverse needs of its constituency.

By enhancing professional competency, WICPA provides members with valuable resources, education, and development opportunities that help them stay current with industry standards and best practices. This not only boosts individual careers but also strengthens the overall quality of accounting services provided across the state.

WICPA also plays a crucial role in promoting the value of its members and the accounting profession as a whole. Through advocacy efforts, the organization represents its members' interests, ensuring that their voices are heard in policy discussions and legislative matters impacting the profession. This commitment helps maintain public trust in accounting practices and underscores the importance of ethical standards in the field.

Furthermore, WICPA fosters a sense of community among members, allowing for networking and collaboration opportunities. This community building is essential for sharing knowledge, best practices, and professional support, ultimately leading to a more cohesive and robust accounting profession in Wisconsin.

Through these initiatives, WICPA not only supports the personal and professional growth of its members but also contributes to the advancement and integrity of the accounting industry in the state.




This information is meant to be a general summary of Wisconsin Institute Of Certified Public Accountants Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,663,034 (2024)
Expenses
$2,597,610 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $86,902
  • Program Service Revenue: $835,848
  • Gross Receipts: $4,627,775

Assets and Liabilities:

  • Total Assets: $6,036,530
  • Total Liabilities: $3,818,467
  • Net Assets: $2,218,063

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROFESSIONAL DEVELOPMENT

Revenue

$753,112

OTHER FUNCTIONS

Revenue

$64,566

COMMITTIES, DISCUSSION GROUPS, SP

Revenue

$18,170

Organization Details

Founding Year

1970

Principal Officer

Tammy Hofstede

NTEE Category

Code: S41 - Community improvement

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